| Entity Name: | WALTON DEVELOPMENT CORPORATION |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
WALTON DEVELOPMENT CORPORATION is structured as a Domestic Profit Corporation, which, in Florida signifies a Profit Corporation (also known as a C-Corporation). This business structure is recognized as a separate legal entity from its owners. This offers shareholders the benefit of limited liability protection, safeguarding their personal assets from the corporation's debts and obligations, and facilitates raising capital through the issuance of stock. In Florida, Domestic Profit Corporations are governed by Title XXXVI, Chapter 607, Florida Statutes – Florida Business Corporation Act. |
| Status: |
Inactive
The business entity is inactive. This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders. |
| Date Filed: | 19 Dec 1968 (56 years ago) |
| Date of dissolution: | 13 Jul 1973 (52 years ago) |
| Last Event: | VOLUNTARY DISSOLUTION |
| Event Date Filed: | 13 Jul 1973 (52 years ago) |
| Document Number: | 339146 |
| FEI/EIN Number |
000000000
Federal Employer Identification (FEI) Number assigned by the IRS. |
| Address: | 330 RACETRACK RD, FT WALTON BEACH FLA, 32548 |
| Mail Address: | 330 RACETRACK RD, FT WALTON BEACH FLA, 32548 |
| ZIP code: | 32548 |
| County: | Okaloosa |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| BURRELL,DAVID N | President | FORT WALTON BEAC, FL |
| BURRELL,DENNIS D | Vice President | FORT WALTON BEAC, FL |
| BEELER,BYRON D | Secretary | FORT WALTON BEAC, FL |
| BURRELL,DAVID N | Agent | FORT WALTON BEACH, FL |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| VOLUNTARY DISSOLUTION | 1973-07-13 | - | - |
Date of last update: 02 Apr 2025
Sources: Florida Department of State
